West High Yield (W.H.Y.) Resources Ltd. Fully Endorses Draft Minister's Designation Report on the Record Ridge Critical Minerals Project | WHYRF Stock News

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May 28, 2025
  • West High Yield (WHYRF, Financial) receives favorable Draft Minister's Designation Report for its Record Ridge project.
  • The project is exempt from the Environmental Assessment Act, clearing a major regulatory hurdle.
  • Feedback from stakeholders is invited until June 4, 2025, before the report is finalized.

West High Yield (WHYRF), a junior mining exploration and development company, has announced the receipt of a positive Draft Minister's Designation Report from the Environmental Assessment Office (EAO) for its Record Ridge industrial minerals mine project in Rossland, British Columbia. The report concludes that the project does not need a designation under the Environmental Assessment Act due to the adequacy of existing regulatory processes in addressing environmental concerns.

The evaluation of the Record Ridge project by the BC Mine Development Review Committee has been completed, and it has gained support from the Osoyoos Indian Band. West High Yield has provided extensive environmental data focusing on grassland ecosystems and the Mountain Holly Fern, while finalizing a comprehensive Vegetation Management Plan.

Stakeholders have until June 4, 2025, to provide feedback before the Draft Report is finalized and submitted to the appropriate Minister. This milestone reflects a significant advancement in the project's permitting process.

West High Yield (WHYRF, Financial) maintains its commitment to responsible development and continuous collaboration with Indigenous partners, regulators, and stakeholders as the project progresses towards final approval. The company's Record Ridge critical mineral deposit, which includes magnesium, silica, and nickel, is located 10 kilometers southwest of Rossland and aims to utilize green processing techniques to minimize waste and CO2 emissions.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.